In a stunning escalation, a judge has rejected Donald Trump’s emergency bid to block enforcement actions against his assets, reportedly dismissing his arguments as “frivolous and legally baseless.” The ruling stems from New York Attorney General Letitia James’ civil fraud case, where Trump was found liable for inflating property values to secure loans while minimizing them for tax benefits.
The court ordered Trump to pay more than $450 million. To pause enforcement during appeal, New York law required a bond — but financial institutions allegedly refused to accept Trump’s properties as collateral, citing the court’s finding that those valuations were fraudulent.
BREAKING: Judge TORCHES Trump’s Legal Claims, CLEARING PATH for Asset Seizures
In a stunning escalation, a judge has rejected Donald Trump’s emergency bid to block enforcement actions against his assets, reportedly dismissing his arguments as “frivolous and legally baseless.” The ruling stems from New York Attorney General Letitia James’ civil fraud case, where Trump was found liable for inflating property values to secure loans while minimizing them for tax benefits.
The court ordered Trump to pay more than $450 million. To pause enforcement during appeal, New York law required a bond — but financial institutions allegedly refused to accept Trump’s properties as collateral, citing the court’s finding that those valuations were fraudulent.